The first official press briefing by Donald Trump’s administration will be held later amid a series of attacks on the media by senior White House figures.

Donald Trump’s habit of peddling hype and fabrication emerged unabated in the first presidential debate while Hillary Clinton played it cautiously in her statements, though not without error. They both denied making statements that they are on the record as saying.

Swiss bank to pay $547m to settle US tax evasion probe

Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.

If banks and bankers do not learn, we have no choice but to make them, writes Paul Mills.

US President Barack Obama’s proposal to tax the offshore profits of US corporations could encourage all but the largest companies to follow their cash hoard overseas, according to business leaders and tax lawyers.

US comedian and actor Bill Cosby’s record of big donations to colleges and other institutions has been a key part of his rosy public image – but the rising tide of allegations made by women accusing him of sexual assault is threatening to overshadow his generosity.

A federal appeals court has delivered a serious setback to President Barack Obama’s health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies.

There is no evidence of an independent review and approval process at the Central Remedial Clinic in the determination of the outrageous scale of remuneration, termination and pension arrangements with its former chief executive, or the source of cash to pay these, contrary to basic standards of acceptable institutional governance.

That is the message that prosecutors will pound home today as five of Bernard Madoff’s long-time employees go on trial accused of enabling his $65bn Ponzi scheme.

Occupying a single floor of a three-storey building in a suburban Dublin office park, Western Union’s offices are notably modest for the international headquarters of the world’s largest money transfer firm.

SINCE his first day in office, US President Barack Obama’s foreign policy has rested on outreach: Resetting ties with Russia, building a partnership with China, and offering a fresh start with antagonistic leaders from Iran to Venezuela.

A US woman has splashed out $560,000 on two parking spaces.

US officials from across the political spectrum are scrambling to explain reports in The Guardian and Washington Post of unprecedented government collection of the phone records of Americans and the tracking of the Google, Facebook, and Skype activities of Americans and non-Americans worldwide.

President Barack Obama picked a senior White House budget official to become the acting head of the federal tax authority yesterday.

Faced with a trio of controversies, President Barack Obama is trying to halt a perception spreading among both White House opponents and allies that he has been passive and disengaged as unexpected developments consume his second term.

Former Detroit mayor Kwame Kilpatrick has been convicted of corruption charges, ensuring a return to prison for a man once among America’s youngest big-city leaders.

A former US city mayor lost more than $1bn (€746.8m) in a 10-year gambling spree.

Lindsay Lohan is reportedly selling her designer clothes.

Lindsay Lohan is "freaking out" because her bank accounts have been seized.

Republican presidential candidate Mitt Romney released his long-promised 2011 tax return.

The US tax agency has awarded a former Swiss banker $104 million for providing information about overseas tax cheats – the largest amount ever awarded by the Internal Revenue Service, lawyers for the whistleblower say.

The brother of Ponzi scheme king Bernard Madoff will plead guilty tomorrow to conspiracy and falsifying records, admitting his role in the multibillion-dollar fraud that destroyed the savings of thousands of investors, US prosecutors told a judge.

Five-times Grammy winner Lauryn Hill has been charged with failing to file income tax returns for several years with America’s Internal Revenue Service, federal prosecutors announced today.

Are your taxes too high? When Gallup asked that question in April, tax month in the US, 46% said they were.

A notorious Traveller criminal network which dominates a multi-million dollar global trade in stolen rhino horn is being targeted in a huge police operation in the United States.

An immigration agent opened fire on a colleague and was then killed by a third agent in a government building in California, following what the FBI said was a case of workplace violence.

Mitt Romney and Newt Gingrich’s fight for Florida and the states beyond reached boiling point as Romney’s tax returns showed annual income topping $20 million — and a now-closed Swiss bank account — as Gingrich insisted his consulting work for a mortgage giant that contributed to the housing crisis did not include lobbying.

SWISS private bank Wegelin & Co confirmed yesterday that three employees had been charged by US authorities for helping US taxpayers hide some $1.2 billion (€904m) in assets from tax authorities.

Supermodel Christie Brinkley has promised to immediately repay the US$531,000 (€397,094) she owes in back taxes.

Federal prosecutors in the US are seeking a lenient prison sentence for a former Swiss banker convicted of tax fraud because of his assistance in uncovering other tax evasion cases.

The Sixth Man

AUTHOR Stetson Kennedy, whose infiltration of the Ku Klux Klan helped expose its workings in the 1940s, has died at the age of 94.

US President Barack Obama said Republican and Democratic leaders in the House and Senate have reached an agreement with him to raise the government’s debt ceiling and avoid a default.

With Minnesota Republican Michele Bachmann’s quick rise from state lawmaker to unofficial Tea Party ambassador in Washington, her brazen style has kept Republican leaders on edge and appealed to those searching for a fresh, unfettered voice. She relishes the spotlight and seldom cedes ground.

PROSTITUTES, cat food, trips to Africa: There are few limits to the expenses Americans believe should be tax deductible, but given the complexity of the tax code they may be forgiven.

A long-serving Internal Revenue Service employee died this week when a pilot with a grudge against the federal tax collection agency flew his plane into a building in Texas, his family said today.

A software engineer furious with the US tax agency launched a suicide attack by crashing his small plane into an office building housing nearly 200 employees.

A SMALL plane, apparently piloted by a suicidal man upset with US tax authorities, has crashed into the Internal Revenue Service’s offices in Austin, Texas.

Actor Nicolas Cage is being sued by his former business manager, who claims lavish spending, not his advice, is to blame for the actor’s financial problems.

The US government is asking a judge for permission to go after at least $226.6m (€174.4m) in back taxes, penalties and interest it says are owed by Sir Allen Stanford, the Texas billionaire accused of conducting an €6.1bn investment fraud through an offshore bank.